West Virginia University Medical Corporation

MORGANTOWN, WV EIN: 55-0492006 Website

To support the West Virginia University School of Medicine in the furtherance of its charitable, scientific, and educational purposes by serving as its faculty practice plan and providing a full range of business management services to its faculty in support of their clinical practices.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$285.2M

+14.3% YoY

Annual Giving

$23.6M

+7.6% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$11.8M

-46.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$263M$525M$788M$1.1B20202021202220232024
Metric202420232022
Total Assets$285,214,951$249,482,310$248,561,218
Revenue$954,634,085$769,572,060$691,155,457
Expenses$948,595,207$763,360,292$683,095,738
Qualifying Distributions
Net Investment Income$2,186,863$3,190,502$2,513,286
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8M$17M$25M$34M1 grants20202 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

West Virginia University$23.6MWV Chapter American Coll…$10K

Grant Size Distribution

7 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does West Virginia University Medical Corporation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Vinay Badhwar MDExecutive Chair Heart Vascul…$3.4MAli Rezai MDPhysician$2.2MChristopher Mascio MDPhysician$1.9MBill Underwood MDPhysician$1.7MJonDavid Pollock MDPhysician$1.7MJohn Caruso MDPhysician$1.6MJohn OrphanosAssistant Professor SOM Neur…$1.5MMatthew Dietz MDDirector - Orthopaedic Surgery$846KMathis Frick MDPhysician - Former Key Emplo…$745KHannah Hazard MDDirector - Exec Chair Direct…$740KJessica Hott DODirector through 06/30/24 - …$714KRonald Pellegrino MDChief Operating Officer$571KMichael Edmond MDCMO$521KNathan Lerfald MDDirector - Internal Medicine$520KColleen BeattyDirector starting 07/01/24 -…$517KKevin Halbritter MDVP Population Health$505KStephen Hoffman MDVP Clinical Programs$497KChristopher Goode MDDirector, Secretary - Chairm…$492KMichael Ang-RabanesDirector starting 07/01/24 -…$469KRichard WardDirector starting 07/01/24 -…$359KWilliam Lewis MDDirector through 04/22/24 - …$356KJeffrey Lancaster MDDirector - Section Chief, Pe…$298KAaron HenryVP, Ambulatory Operations th…$294KTaylor TroischtDirector starting 07/01/24 -…$283KArif Sarwari MDDirector - Infectious Diseases$269KDarin RogersVP Provider Network Services$238KKathryn Moffett-Brad…Director, Chair - Pediatric …$227K

From 2024 filing

NameTitleHoursCompensation
Vinay Badhwar MDExecutive Chair Heart Vascular Institute40$3,408,465
Ali Rezai MDPhysician40$2,234,428
Christopher Mascio MDPhysician40$1,939,132
Bill Underwood MDPhysician40$1,681,442
JonDavid Pollock MDPhysician40$1,654,867
John Caruso MDPhysician40$1,616,040
John OrphanosAssistant Professor SOM Neurosurgery40$1,461,123
Matthew Dietz MDDirector - Orthopaedic Surgery40$845,772
Mathis Frick MDPhysician - Former Key Employee40$745,407
Hannah Hazard MDDirector - Exec Chair Director WVU Cancer Institute40$739,559
Jessica Hott DODirector through 06/30/24 - OB/GYN40$714,232
Ronald Pellegrino MDChief Operating Officer40$571,101
Nathan Lerfald MDDirector - Internal Medicine40$520,139
Kevin Halbritter MDVP Population Health40$505,247
Colleen BeattyDirector starting 07/01/24 - Assistant Professor SOM Dermatology40$517,000
Michael Edmond MDCMO40$520,811
Christopher Goode MDDirector, Secretary - Chairman Emergency Medicine40$491,781
Stephen Hoffman MDVP Clinical Programs40$496,782
Michael Ang-RabanesDirector starting 07/01/24 - Chairperson SOM Eastern Division Behavioral Medicine and Psychiatry40$468,862
William Lewis MDDirector through 04/22/24 - Family Medicine40$355,500
Richard WardDirector starting 07/01/24 - Assistant Professor SOM Eastern Division Family Medicine LS40$358,598
Aaron HenryVP, Ambulatory Operations through 11/29/2440$294,249
Jeffrey Lancaster MDDirector - Section Chief, Pedicatrics40$298,007
Taylor TroischtDirector starting 07/01/24 - Assistant Professor SOM Pediatrics40$283,369
Arif Sarwari MDDirector - Infectious Diseases40$268,859
Darin RogersVP Provider Network Services40$237,540
Kathryn Moffett-Bradford MDDirector, Chair - Pediatric Infectious Diseases40$227,028
Clay Marsh MDVoting Ex-Officio, VP and Executive Dean SoM1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

LexingtonMorgantownWheeling

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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